Tag Archives: senior prescription tips

Planning for Your Retirement: Healthcare Expenses

There are many different stages of retirement planning. While most people think about the financial aspects of planning, your health is also an important consideration, because healthcare costs in your senior years may significantly affect your finances, especially when Medicare alone doesn’t cover those expenses, such as: Hearing aids/hearing devices. Medicare does not cover hearing aids, so you’ll need to do some planning in case hearing issues arise during retirement. Without insurance coverage, hearing devices can cost thousands of dollars. Dental/denture care. Dental care is Continue reading →

Coping with Rising Drug Costs: Tips for Seniors

Prescription drug prices continue to soar, and for seniors and their caregivers, this can sometimes lead to detrimental effects on their health. Government leaders are trying to come up with solutions, but in the meantime, seniors are left with some tough choices. In one study, 85% of seniors are prescribed medication by their doctors, but one out of every 20 seniors 65 and older can’t afford it. The strategies these seniors used can be costly to their health. Some skip their medication altogether and some Continue reading →